As title, my address is BURST-NE38-5Y9F-J4FF-DTMTF, I need one burst coin to start mining. thanks
Please read all of this post carefully because this is the only coin I will send you.
Not trying to be rude, just want to make sure you do not waste this coin as the first is the most valuable.
I just sent a coin your way. You will not see the coin until your wallet has finished synchronizing.
Please come back when you have earned some coin and help others get their first coins. Pay it forward.
The following are some notes from the process I went through to get started. Hope you find them helpful.
You only need one coin for reward assignment when joining a pool. Joining the pool will get you into the system. You do not need to send any others.
I recommend watching the following video on YouTube to learn how to get started.
I wish I had watched this video before getting started. It would have saved me a bit of frustration and a squandered coin.
I also recommend you perform all actions through the Qbundle software. When I first started I tried setting the reward recipient (for pool mining) through the web interface for a pool and ended up wasting a coin. I also gave up on trying to configure creepMiner and am just using Blago Miner that comes with Qbundle.
When you finally get your system up and running you will likely see a warning message like the following
“Warning!: Your account does not have a public key! This means it’s not as protected as other accounts. You must make an outgoing transaction to fix this issue.”
If you will be joining a mining pool then ignore this message. Setting a “Reward Recipient” to get into a pool will be your first transaction which will get you a public key and the warning will go away.
Thanks for the information, but I am trying to use creepminer docker to mine Burstcoin on my NAS. It seems “PoCC Pool: 50-50”, “PoCC Pool: 0-100” are the most popular pools.
But I am not sure if I join “PoCC Pool: 0-100”, could I get the coin? I am not sure what’s the meaning of “Submitters - 0% Historical - 100%”. Base on the suggestion of PoCC websit, I should join “0-100” because my storage is under 30TB (~2TB).
Anyway if “0-100 pool” couldn’t give me the reward even I have donated mining power, I will choose “50-50 pool” to join. Could you give me some advice on it? Thanks.
I am not familiar with those pools. I don’t think the “popularity” of a pool will have much effect on your earnings.
The 0-100 means that 100% of rewards are spread among all participants. Your share is the percentage of the storage contributed to the total storage. For example if there is 100TB total in a pool and your contribution is 1TB you will get 1% of what is mined by any and all members of that pool.
A pool that is 100-0 means that you only get a payout if you mine a block. Not very likely when you have a relatively small plot size.
A pool that is 50-50 means you get 50% of the coin from a block you mine (50% goes to the pool). Also 50% is historical, meaning that 50% of the mined blocks are distributed among the participants.
Maybe someone can explain better. I suspect someone already has. Just do a search.
Thanks for the explanation. I have joined 0-100 now.